23 miles from TSCM $165B Facility - CASH
Wittman, AZ 85361
3bd • 2ba • Built: 2025

Projected IncomeYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Projected Rent $25,200$25,956$26,735$27,537$28,363$29,214$30,090$30,993$31,923$32,880
Vacancy Losses ($2,016)($2,076)($2,139)($2,203)($2,269)($2,337)($2,407)($2,479)($2,554)($2,630)
Operating Income $23,184$23,880$24,596$25,334$26,094$26,877$27,683$28,513$29,369$30,250
Estimated ExpensesYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Property Taxes($1,575)($1,622)($1,671)($1,721)($1,773)($1,826)($1,881)($1,937)($1,995)($2,055)
Insurance($525)($541)($557)($574)($591)($609)($627)($646)($665)($685)
Management Fees($1,855)($1,910)($1,968)($2,027)($2,088)($2,150)($2,215)($2,281)($2,350)($2,420)
Leasing/Advertising Fees$0$0$0$0$0$0$0$0$0$0
Association Fees($1,200)($1,236)($1,273)($1,311)($1,351)($1,391)($1,433)($1,476)($1,520)($1,566)
Maintenance($504)($519)($535)($551)($567)($584)($602)($620)($638)($658)
Other$0$0$0$0$0$0$0$0$0$0
Operating Expenses ($5,659)($5,828)($6,003)($6,183)($6,369)($6,560)($6,757)($6,959)($7,168)($7,383)
Income AnalysisYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Net Operating Income $17,525$18,051$18,593$19,150$19,725$20,317$20,926$21,554$22,201$22,867
- Mortgage Payments$0$0$0$0$0$0$0$0$0$0
= Cash Flow $17,525$18,051$18,593$19,150$19,725$20,317$20,926$21,554$22,201$22,867
+ Principal Reduction $0$0$0$0$0$0$0$0$0$0
+ Appreciation $20,999$22,259$23,595$25,011$26,511$28,102$29,788$31,575$33,470$35,478
= Gross Equity Income $38,525$40,310$42,188$44,161$46,236$48,419$50,714$53,129$55,670$58,345
Capitalization Rate 4.7%4.6%4.5%4.3%4.2%4.1%4.0%3.9%3.8%3.6%
Cash on Cash Return 5.0%5.1%5.3%5.4%5.6%5.7%5.9%6.1%6.3%6.5%
Return on Equity 10.4%10.3%10.1%10.0%9.9%9.8%9.6%9.5%9.4%9.3%
Loan AnalysisYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Market Value $370,989$393,249$416,844$441,854$468,366$496,468$526,256$557,831$591,301$626,779
- Loan Balance $0$0$0$0$0$0$0$0$0$0
= Equity $370,989$393,249$416,844$441,854$468,366$496,468$526,256$557,831$591,301$626,779
Loan-to-Value Ratio 0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Potential Cash-Out Refi $333,890$353,924$375,159$397,669$421,529$446,821$473,630$502,048$532,171$564,101
Sale AnalysisYear 1Year 2Year 3Year 4Year 5Year 6Year 7Year 8Year 9Year 10
Equity $370,989$393,249$416,844$441,854$468,366$496,468$526,256$557,831$591,301$626,779
- Closing Costs ($25,969)($27,527)($29,179)($30,930)($32,786)($34,753)($36,838)($39,048)($41,391)($43,875)
= Proceeds After Sale $345,020$365,721$387,665$410,925$435,580$461,715$489,418$518,783$549,910$582,904
+ Cumulative Cash Flow $17,525$35,576$54,169$73,319$93,044$113,361$134,287$155,841$178,042$200,908
- Approximate Cash Invested($353,490)($353,490)($353,490)($353,490)($353,490)($353,490)($353,490)($353,490)($353,490)($353,490)
= Net Profit $9,056$47,808$88,344$130,754$175,134$221,586$270,215$321,134$374,462$430,323
Internal Rate of Return 2.6%6.7%8.1%8.7%9.1%9.3%9.5%9.6%9.6%9.7%
Return on Investment 2.6%13.5%25.0%37.0%49.5%62.7%76.4%90.8%105.9%121.7%
*Information is not guaranteed and investors should do their own research, get professional advice and conduct due diligence prior to investing.